Thursday, December 11, 2008

Et Tu, Scania?

Apparently some people (but no pedants) took issue with our mindless glory-seeking repetition of Volvo's announced European truck orders slowdown of a couple months ago. So maybe orders didn't just completely disappear like we cynics parroted, but instead Volvo was trying to recognize cancellations. So numbers not so bad after all. Whew: kibble not subject to spontaneous wholesale transporterizationalness to twilight zone after all. Close one.

Well, somehow, truck orders (African or European?) are so bright that Scania has decided to suspend truck production in five factories across Europe for one month spanning the customary winter holidays. Will refrain from comment now, but not without giving away punchline:

Danielsson said falling order intake, which has dropped about 50 percent in the past nine months, was the main reason for the stoppage.

"We don't want to build up stock," he said.

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